Update on Benoa Bay Reclamation

Jul 15, 2016 | Law

Yesterday, July 14, 2016, was the deadline for the Minister of Marine and Fisheries Susi Pudjiastuti to respond to the request for an extension of location permit for the Benoa Bay reclamation project. But Minister Susi seemed to have let the deadline pass. That said,...

Dispute in the Management of the Kemayoran Complex (Part II)

Jul 14, 2016 | Law

The Kemayoran Complex Management Center (PPKK) manages a total area of ​​454 hectares, with assets value of approximately Rp24.371 trillion. Of the total assets managed, as of 2010, the Kemayoran complex only contributes Rp111,546 billion per year in income from...

Dispute in the Management of the Kemayoran Complex (Part I)

Jul 14, 2016 | Law

The Kemayoran Complex has a long history. It was previously an airport owned by the state-owned PT Angkasa Pura II. In 1985, after the airport was no longer in use, the Government decided to pass the ownership of the Kemayoran Complex to the State Secretariat...

New Government Regulations on Land Deed Officials and Immigration

Jul 13, 2016 | Law

At the end of June 2016, President Joko “Jokowi” Widodo signed two new Government Regulations (PPs). The first was PP No. 24/2016 on Land Deed Officers (PPAT) and  the second was PP No. 26/2016 on Immigration. Both PPs are revisions of their preceding PP. ...

Designated Banks for the Tax Amnesty Program

Jul 13, 2016 | Law, Market

The Minister of Finance is said to have appointed the banks that will be the designated handler of repatriated funds coming from the Tax Amnesty program. Media outlet previously reported that the Government will appoint 10 designated banks, but so far, only 9 banks...

The Benoa Bay Reclamation and Overlapping Regulations

Jul 12, 2016 | Law

News has emerged that the holder of the permit for the reclamation of Benoa Bay, PT Tirta Wahana Bali Internasional (TWBI) owned by tycoon Tomy Winata, has applied for license renewal to the Minister of Marine and Fisheries Susi Pudjiastuti. There’s always been...

Sanusi & Money Laundering

Jul 12, 2016 | Law

The investigation into the bribery involving the former member of the Jakarta Regional Representatives Council (DPRD Jakarta) Mohamad Sanusi and the President Director of PT Agung Podomoro Land Tbk (APLN) Ariesman Widjaja has led to a new case. The Corruption...

Plans to File Judicial Review against the Tax Amnesty Law

Jul 11, 2016 | Law

The passage of the Tax Amnesty Bill has not been entirely accepted. Several institutions have already revealed their plan to seek a judicial review against the newly passed Law at the Constitutional Court (MK). The first two organizations that have announced their...

Solaris Prima v. Syariah Mandiri and Kutilang Paksi Mas: Closure

Jul 11, 2016 | Law

The dispute concerning breach of contract between PT Bank Syariah Mandiri (BSM) and PT Solaris Prima Energy (Solaris), the subsidiary of UNIPEC Singapore Pte Ltd with China Petroleum & Chemical Corporation (Sinopec), ended with a defeat for Solaris. The Panel of...

After the Passage of the Tax Amnesty Law, What Are the Next Steps?

Jul 8, 2016 | Law, Market

The House of Representatives (DPR) has passed the Tax Amnesty Bill into Law. The Government is now eager to reap the benefits. But they still have a lot to do. For after a passage of a law, implementing regulations must be issued. The key question now is whether the...